http://www.mercola.com/2002/may/18/pharmaceutical_facts.htm
Pharmaceutical Facts$ According to industry estimates, drug companies spent $15.7 billion dollars on promotion in 2000, up from $13.9 billion in 1999. (IMS Health) $ Sixty million "details" were made by 83,000 drug reps in the year 2000. Astra-Zeneca added 1,300 reps solely to promote Nexium. (Scott-Levin Consulting) $ $7.2 billion dollars worth of free samples were distributed in the year 2000. (IMS Health) $ The "Research-based" pharmaceutical industry spends more on promotion and administration than it does on research and development. (Families USA) $ Drug costs increased 18.8% to $131.9 billion dollars in 2000. Over a third of this increase was due to a shift to the use of more expensive drugs. (National Institute for Health Care Management) $ Two and one-half billion dollars were spent on advertising to consumers in 2000, a 35% increase from 1999; $468 million dollars were spent on journal ads. (NIHCM) $ Increases in the sales of the 50 drugs most heavily advertised to consumers were responsible for almost half (47.8%) of the $20.8 billion increase in spending in 2000.(NIHCM) $ In 2000, Merck spent $161 million on advertising for Vioxx. That is more than Pepsico spent advertising Pepsi. ($125 million), and more than Anheuser-Busch spent advertising Budweiser.($146 million) (NIHCM) $ The increase in Vioxx sales in 2000 accounted for 5.7% of the 1 year increase in drug spending. (NIHCM) $ Since 1995, R&D staff of U.S. brand name drug companies have decreased by 2%, while marketing staff have increased by 59%. Currently, 22% of staff are employed in research and development, while 39% are in marketing. (PhRMA Industry Profile 2000) $ In a study by Avorn, et al, forty-six per-cent of physicians reported that drug reps are moderately to very important in influencing their prescribing habits (Amer Journal of Med, 1982). $ A study by Chew, et al (JGIM, 2000), found that in the treatment of hypertension, over 90% of physicians would dispense a sample that differed from their preferred drug choice. $ A study by Westfall, et al (JAMA, 1997), found that 96% of physicians and staff had taken samples for personal or family use in the preceding year. $ The AMA generates $20 million in annual income by selling detailed personal and professional information on all doctors practicing in the United States to the pharmaceutical industry (NY Times, November 16, 2000)
Someone forwarded me the above list and I thought I would compile some of my own winners (below) on the drug companies that I have posted over the years. Related Articles:
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